| (a) For each contract for the purchase of goods or
services that has a value exceeding $1 million, a state agency shall
develop and implement contract reporting requirements that provide
information on:
(1) compliance with financial provisions and delivery
schedules under the contract;
(2) corrective action plans required under the contract
and the status of any active corrective action plan; and
(3) any liquidated damages assessed or collected under
the contract.
(b) Each state agency shall verify:
(1) the accuracy of any information reported under
subsection (a) of this section that is based on information provided
by a contractor; and
(2) the delivery time of goods or services scheduled
for delivery under the contract.
(c) Except as provided by subsection (d) of this section,
a state agency may enter into a contract for the purchase of goods
or services that has a value exceeding $1 million only if:
(1) the governing body of the state agency approves
the contract and the approved contract is signed by the presiding
officer of the governing body; or
(2) for a state agency that is not governed by a multimember
governing body, the officer who governs the agency approves and signs
the contract.
(d) The governing body or governing official of a state
agency, as appropriate, may delegate to the executive director of
the agency the approval and signature authority under subsection (c)
of this section.
(e) A highway construction, engineering services, or
maintenance contract that is in compliance with all applicable laws
related to procuring engineering services or construction bidding
and that is awarded by the Texas Department of Transportation under
Transportation Code, Chapter 223, Subchapter A, is not required to
be signed by a member of the Texas Transportation Commission or the
executive director of the department. This exception does not apply
to expedited highway improvement contracts under Transportation Code,
Chapter 223, Subchapter C, a comprehensive development agreement entered
into under Transportation Code, Chapter 223, Subchapter E, a design-build
contract entered into under Transportation Code, Subchapter F, Chapter
223, or any other contract entered into by the Texas Department of
Transportation.
|
